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Transamerica 401k loan request form 2026

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  1. Click ‘Get Form’ to open the transamerica 401k loan request form in the editor.
  2. Begin by completing Section A, which requires your employer's information including Company Name and Contract Number.
  3. In Section B, provide your personal details such as Social Security Number, Date of Birth, and contact information. Ensure all fields are filled accurately.
  4. Move to Section C to specify the type of loan you are requesting. Indicate whether it is a new loan or a consolidation with an existing one.
  5. In Section D, select your fund withdrawal election. You can choose specific funds or opt for a prorated withdrawal across all options.
  6. If applicable, complete Section E for spousal consent. This section must be notarized if your vested account balance exceeds $5,000.
  7. Finally, sign and date Section F to confirm that you understand the terms of the loan application before submitting it for processing.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Application review Once you submit your loan application it will be reviewed. Generally, this takes about one business day. However, if there are any questions about your application or if further documentation is needed because you are purchasing a primary residence, additional review time may be required.
How do I withdraw from 401k? By age 59.5 (and in some cases, age 55), you will be eligible to begin withdrawing money from your 401(k) without having to pay a penalty tax. Youll simply need to contact your plan administrator or log into your account online and request a withdrawal.
Can I take out a loan from my account balance? If your plan permits, you may borrow the lesser of 50% of the vested balance or $50,000 minus the highest outstanding loan over the previous 12 months. For more information regarding your plans loan provisions, contact your plan administrator.
The 401(k) loan process Generally, this takes about one business day. However, if there are any questions about your application or if further documentation is needed because you are purchasing a primary residence, additional review time may be required.
The application process for a 401(k) loan is typically quick and easy. Most plans even allow you to apply online.

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transamerica loan request form

GENERAL LOAN APPLICATION Is this form for me? Important

The loan amount must meet the minimum permitted by the plan. The loan amount, when added to the outstanding balance of any other loans from all plans of theRead more

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403(b) Retirement Plan

You may have only one outstanding loan with Transamerica at any time. Allow two weeks for Transamerica to process your loan request. Add another two toRead more

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